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EQUITY (Tables)
12 Months Ended
Dec. 31, 2023
EQUITY  
Schedule of details of public offering

The following details the public offering (in thousands, except per share data):

Series

Dividend Rate

Issued

Shares Outstanding

Gross Proceeds

Net Proceeds

Dividend
per Share

Earliest Redemption Date

Series A

6.375%

July 2021

3,000,000

$

75,000

$

72,428

$

0.3984

July 2026

Schedule of dividend declared and paid for stock

The following table outlines dividends declared and paid for each issuance of CTO’s stock during the years ended December 31, 2023, 2022, and 2021 (in thousands, except per share data):

Year Ended

December 31,
2023

December 31,
2022

December 31,
2021

Series A Preferred Stock

Dividends

$

4,772

$

4,781

$

2,325

Per Share

$

1.59

$

1.59

$

0.77

Common Stock

Dividends

$

34,266

$

28,896

$

23,580

Per Share

$

1.52

$

1.49

$

1.33